The rising cost of developing electrified cars is partly responsible for diminished manufacturer attendance at motor shows, according to Stellantis boss Carlos Tavares.
He was speaking behind the scenes of a sparsely attended Paris motor show, at which the mainstream manufacturers represented with large-scale stands included his own company’s DS, Jeep and Peugeot brands, the Renault Group and incumbent Chinese firms BYD and Great Wall.
“The fact that you have Renault, Stellantis and the Chinese only is reflective of the fact that the car makers are now much more picky on the return on investment [ROI] which is represented by shows,” he said.
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